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Old-age labour supply in the developing world

  • Lisa Cameron
  • Deborah Cobb-Clark

Rapid population ageing is becoming an increasingly important policy issue in many developing countries. Without broad-based pension schemes, the elderly are left to rely on their own current and accumulated earnings and support from children as their primary means of old-age support. This is the first study of which one is aware that jointly estimates the determinants financial transfers from children and elderly labour supply in a developing country context. It is found that many Indonesians continue to work well into old age and there is little evidence that financial transfers are a substitute for the income generated by elderly parents' own labour supply.

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Article provided by Taylor & Francis Journals in its journal Applied Economics Letters.

Volume (Year): 9 (2002)
Issue (Month): 10 ()
Pages: 649-652

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Handle: RePEc:taf:apeclt:v:9:y:2002:i:10:p:649-652
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